Global Semiochemicals Market is Segmented By Type (Pheromones, Allomones, Kairomones, Others), By Pest Control Technique (Attract & kill, Mating disruption, Mass trapping, Repellents), By Insect Species (Codling Moth, Gypsy Moth, European Grape Vine Moth, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031
Market Overview:
The global semiochemicals market valued USD XX million in 2023 and is estimated to reach USD XX million by 2031, growing at a CAGR of XX% during the forecast period 2024-2031.
Semiochemicals are natural chemicals involved in the biological communications between individuals of species. Semiochemicals are subdivided into allelochemicals and pheromones. Semiochemicals communications between interspecific species are called allelochemicals and that between intraspecific species are called pheromones. These chemicals are mainly used in pest control. Semiochemicals are mainly species-specific and undamaging to the environment. These advantages over conventional harmful insect pest control agents create a promising opportunity for semiochemicals products in the management of agricultural pests specifically under organic cropping systems.
Source: DataM Intelligence Analysis (2021)
Market Dynamics
Increasing innovation in biopesticides and improved pesticide management is driving the growth of semiochemicals market
Recent protests on the use of synthetic pesticides and their hazardous effect on the environment have created the opportunity for the biopesticide market to grow rapidly. This has prompt many pesticide providers to come up with new management systems which are driving the market of semiochemicals globally. For example, biosecurity management covers both long-term management of existing pests and the urgent government reactions to alien invasive species which have yet to become fully established. Many research & development activities regarding pest management are also increasing the product portfolio of semiochemicals. For example, straight chained lepidopteran sex pheromones have appeared as a source of potential market advantage in pest management, with the application of trapping systems and residue-free multiple species disruption systems being increasingly applied to decrease insecticide use and meet private standards and mainly used by organic crop producers. Semiochemicals can also provide new surveillance tools in pre-border biosecurity, significantly enhancing the chances for the successful eradication of alien invasive species. An example of the recent development of integrated pest management (IPM) against a pest complex is the combination of pheromone components. In New Zealand, it is used as a case of spray-free high-value market access for New Zealand apples, based on “4-Play” which is a single mating disruption dispenser controlling four pest species.
The rapid adoption of organic farming is expected to boost the market growth of semiochemicals greatly. The popularity of organic farming is expanding worldwide, because of the growing popularity of organic foods among consumers, increasing awareness of harmful effects of chemical fertilizers and pesticides, growing health consciousness. This trend in turn also increased the business of semiochemicals as they fall in the category of biopesticides. For example, according to the Research Institute of Organic Agriculture (FIBL), in 2019, worldwide 72.3 million hectares of organic agriculture land along with in-conversion areas were recorded. It has also mentioned that organic farmland has grown by 1.1 million hectares or 1.6 percent in 2019.
However, the high cost of semiochemicals in terms of deployment method in the field compared to conventional synthetic pesticides and the physical limitations, for example, instability, volatility, and sensitivity of the active ingredient of the semiochemicals are hindering the market growth up to large extent.
Market Segmentation
Pheromones are the dominating type in global semiochemical market
On the basis of pest control technique, the global semiochemicals market is divided into attract & kill, mating disruption, mass trapping, and repellents. Mass trapping is dominating in the Pest Control Technique segments due to the easy availability of female sex pheromones. The mating disruption technique is growing at the highest rate. In mating disruption technology, sex pheromones of Lepidopteran pests are mainly used to control the pests. Codling Moth and grape moth pests are the most important species, where the technique has effectively worked successfully on a commercial scale.
In terms of insect species, the global semiochemical market is classified into codling moth, gypsy moth, European grapevine moth and others.
Geographical Penetration
Europe is dominating the semiochemicals market
Europe is the largest market for semiochemicals, with nearly 30% of the global sales revenue in 2020, due to the presence of leading companies, increasing investment and government support regarding organic farming and growing awareness on the consumption of healthy food. Some of the leading companies present in Europe are SEDQ, Suterra, Pherobank, etc. Globally there are about 1400 biopesticide products being commercialized. Among them, the EU biopesticides contain 34 microbial, 11 biochemicals and 23 semiochemicals, whereas the USA portfolio consists of 102 microbial, 52 biochemicals and 48 semiochemicals. North America is the second dominating market for semiochemicals due to growing research & development activities. Asia-Pacific is also following closely both North America and Europe, especially Japan as it is investing heavily in organic farming. Shin-Etsu is the leading company of Japan with having the largest share globally in the semiochemical market.
Source: DataM Intelligence Analysis (2021)
Competitive Landscape:
research & development activities and introduction of new pheromone chemicals has made the market competitive
The global semiochemicals market is consolidated with few global companies holding for major share in the market. Also, there are large number of players investing in research & development as well as identifying and commercializing new pheromones. For example, Pherobank claim the world’s largest collection of lepidopteran sex pheromone compounds. Approximately 500 different chemicals are commercially available from Pherobank and are used globally as reference for pheromone identification work. The leading semiocehmical companies include Shin-Etsu, Pacific Biocontrol Corp, Bedoukian Research, SEDQ, Suterra, Pherobank, Isagro Group, Certis, Corteva Inc., Biobest Group NV, Bedoukian Research, Inc. and others.
- Bedoukian Research, Inc. (BRI) and P2 Science, Inc. (P2) declared the signing of a Joint Development Agreement that builds on each company’s expertise in developing effective routes to synthesize insect pheromones.
- On June 1, 2021, Corteva Agriscience and Elemental Enzymes, a life sciences company that develops novel biotechnology and enzymes solutions, declared a multi-year global agreement around a unique abiotic stress mitigation technology. This agreement will further expands Corteva Agriscience’s biological portfolio of proven biostimulant, biocontrol and pheromone solutions
COVID-19 Impact: Pandemic had a negative impact on global semiochemicals market
While the global trade came to halt during the lockdowns imposed to control the spread of novel coronavirus, the semiochemical industry has been impacted by freight challenges and supply chain disruption, but is expected to have exponential growth rate in future due to high demand of organic foods and organic farming in various parts of the world. For instance, according to The International Federation of Organic Agriculture Movements (IFOMA), 2020 was a special year, as demand for organic foods increased significantly at the time of pandemic with retail sales have increased by up to 30 percent in some countries. Still, it is reported that, there is supply chain constraint of agrochemicals due to second wave of Covid-19 in countries such as India, Brazil and USA which is expected to hinder the market growth of semiochemicals up to some extent.
Why Purchase the Report?
- Understand the current market scenario and viability of global semiochemicals over the forecast period
- Visualize the composition of the global semiochemicals market in terms of type, pest control technique and insect species to identify major players, growth potential, and market strategies
- Identify the key regulations prevailing in the market and understand their impact on the market over the forecast period
- Understand the key business factors such as market competition, product pricing, new product developments, and patent filings pertaining in the market
What we offer?
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
- Excel data sheet with valuable data points of the global semiochemicals market – Regional and Country level segmentation
- Product mapping in excel for the key products of all major market players
- Market Share Analysis covering business revenues ($) and revenue share (%) of key market players
The global semiochemicals market report would provide an access to approximately 45 market data tables, 45 figures and 180 pages
Target Audience:
- Agrochemical Manufacturers
- Farming Communities
- Environment Protection Agencies
- Industry Investors/Investment Bankers
- Education & Research Institutes
